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PHT - 'A black swan like no other' - Moody's goes survivalist on coronavirus
Pioneer High Income Trust of Beneficial Interest
A cornoavirus pandemic would be more of a "black swan" than the global financial crisis, says Moody's Chief Economist John Lonski. And while policymakers could flood the world with freshly minted cash to combat the financial crisis, Lonski isn't sure what tools they would have to deal with a pandemic.
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